Bonus Interest Savings Account
Want to attract more interest?
You can earn bonus interest on your savings. All you need to start is just $1. You can make up to one withdrawal a month and still get your bonus interest on top of the standard interest rate.
Open a Bonus Interest Savings Account and start your savings plan.
Features and benefits
- bonus interest paid when you limit your withdrawals to no more than one a month
- interest is calculated daily and paid monthly
- there’s no monthly account maintenance fees
- access when you need it – in-branch, ATM, Internet Banking and EasyPhone Banking, EFTPOS and Bank@Post
- regular statements
- if you need to draw on your savings urgently, you can make these transactions free each month:
- one free branch withdrawal
- one free Bank of Queensland ATM/EFTPOS withdrawal/transfer
- one free Internet Banking transfer or BPAY payment
- one free EasyPhone Banking transfer or BPAY payment
You can also access your account using Bank@Post at Australia Post outlets or non-Bank of Queensland ATMs, though a fee may apply for using these services.
A minimum withdrawal limit of $100 applies.
Interest rates
Calculated daily and credited monthly
Balance | Base Rate
(% p.a.) | Bonus Rate
(% p.a.) | Total Interest
(% p.a.) |
|---|
$1 to less than $5,000 | 0.35 | 4.40 | 4.75 |
$5,000 to less than $50,000 | 0.75 | 4.40 | 5.15 |
$50,000 and over | 1.00 | 4.40 | 5.40 |
Fees and charges
| ACCOUNT FEES: |
Minimum monthly balance | N/A |
Monthly account maintenance fee | Nil |
Teller withdrawals | 1 free
then $2.00 each |
Cheques written | N/A |
ATM: |
Bank of Queensland ATM/EFTPOS withdrawals/transfers | 1 free
then $0.65 each |
Bank of Queensland ATM Balance Enquiry | All free |
Other bank ATM withdrawal/balance enquiry and Bank@Post | $2.00 each |
EasyPhone Banking: |
Funds transfer and BPAY | 1 free
then $0.30 each |
Funds transfer to third party Bank of Queensland accounts | $0.65 each |
Balance enquiry
Transaction history enquiry | All Free |
Internet Banking: |
Funds transfer and BPAY | 1 free
then $0.30 each |
Single-Pay-Anyone or
Funds transfer to third party Bank of Queensland accounts | $0.65 each |
Multi Payment | $1.30 for up to 10 payments (then $0.15 for each additional transaction) |
Balance enquiry
Transaction history enquiry | All free |
To apply for a Bonus Interest Savings Account, find out what information we need from you to open an account and visit your closest branch or call us on 1300 55 72 72.
Important information
Please view the terms and conditions listed below on the Terms and Conditions page:
- Personal Banking Guide to Fees and Charges
- Deposit Products Terms and Conditions
Information current as at July 4, 2008.
Products issued by Bank of Queensland Limited ABN 32 009 656 740 AFSL 244616. Other fees and charges are payable. Full terms and conditions are available at any branch of Bank of Queensland. This website contains general advice. This advice has been prepared without taking account of your objectives, financial situation or needs. You should consider the appropriateness of any advice before acting on it. You should obtain and consider the terms and conditions, Financial Services Guide and Guide to Fees and Charges for the product before making any decision about whether to acquire or continue to hold it. You can obtain a copy of those documents from any Bank of Queensland branch or from this website.